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Book - Product Information
Trading for a Living: Psychology, Trading Tactics, Money Management
Alexander Elder
Rating: 4.5/5 Stars
Rank: 2298
Soviet-born author and practicing psychiatrist Elder (director, Financial
Trading Seminars, Inc.) shares his learning over the years as a
professional trader and expert in technical analysis and his principle of
understanding the three Ms (Mind, Method, Money), which will strengthen
the discipline required to be successful in trading.
He explores crucial
factors in the markets that most experts overlook, including time, volume,
and open interest, and describes little-known indicators to track them
profitably.
In addition, he covers many of the more technical approaches
to investing in futures, such as factoring in the meaning from the Elliott
Wave, oscillators, moving averages, Market Logic, and point-and-figure
charting.
His unique viewpoints in this overly saturated genre explain his
particular view that most traders sabotage themselves, while offering tips
for others to avoid doing the same.
The narration by Richard Davidson
soundly guides the listener through this highly specialized work that,
although first published seven years ago, remains recommended for
university libraries supporting a finance and business curriculum.DDale
Farris, Groves, TX Copyright 2001 Reed Business Information,
Inc.--This text refers to the
Audio CD
edition.
About the AuthorALEXANDER ELDER, MD, was born in Leningrad and grew up in Estonia where he
entered medical school at the age of 16.
At 23, while working as a
ships doctor, he escaped from a Soviet ship in Africa and received
political asylum in the U.S.A.
He continued to work as a psychiatrist in
New York City, served as book editor of The Psychiatric Times, and taught
at Columbia University.
After becoming involved in financial trading, Dr.
Elder published over 50 articles, software, and book reviews, and spoke at
many conferences.
In 1988 he founded Financial Trading Seminars, Inc., an
educational firm for traders.
Editorials
Sample 3 of 6
Trading for a Living: Psychology, Trading Tactics, Money Management
Alexander Elder
![]() | | | From AudioFile | | The author, a psychiatrist, talks about how human nature intersects with
the investment world. Narrated with over-the-top gravitas start to finish,
the program warns the listener to keep a close eye on emotion and to... read full editorial |
![]() | | | Book Description | | Trading for a Living Successful trading is based on three Ms: Mind,
Method, and Money. Trading for a Living helps you master all of those
three areas:How to become a cool, calm, and collected
traderHow to profit from... read full editorial |
![]() | | | From the Inside Flap | | You have just taken a big step away from the crowd of amateurs. By opening
Trading for a Living, youve resolved to become a successful trader.
Dr. Alexander Elder is a professional trader, a world-class expert... read full editorial |
Customer Reviews
Sample 3 of 51
Trading for a Living: Psychology, Trading Tactics, Money Management
Alexander Elder
![]() | | | one of the best books about trading | | (Missouri) September 17, 2002 - 5.0/5 stars | | This is definitely one of the best books about trading for the levels of
the beginning and intermediate trader. If you want a more well-rounded
education on trading, start with this one. In it you'll find no fluff
and... read full review |
![]() | | | Educational | | (usa) December 13, 2003 - 5.0/5 stars | | Elder has done a wonderful job in this book of presenting the factors that
create the cross currents in the market, the battle of the bulls and bears
and he shows you the tools to tell who is winning. The psychology... read full review |
![]() | | | More Losers than Winners | | (San Jose, CA) January 25, 2005 - 4.0/5 stars | | There is much useful information in this book. While Investor's Business
Daily suggests you be careful of your entry point, this book has you
making trades that could turn out to be risky. For example, buying on an
MACD... read full review |
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